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10-01-2014, 07:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

If the PAP wants to reconnect with the 40% of voters who voted against the PAP in the last GE, and please its base (including the 35% that “Die, die must vote PAP” , it should rethink its Hard Truth that welfare spending is consumption, not investment. However anti-PAP paper activists should be glad that the govt is unlikely to change its thinking.

As ex-scholar Donald Low put it: “What all this points to is that we really need a more robust welfare system that gives Singaporeans much greater assurance of income when they are unemployed, old or sick. The low fertility rate and the desire of even well-to-do Singaporeans to retire somewhere else are signs that the state needs to craft a new social contract with Singaporeans, that it needs to develop more mechanisms to pool risks and give Singaporeans security.

The argument that we cannot afford all these because the population is ageing is mostly a bogeyman. It is partly because we don’t have a proper welfare system that the population is ageing as rapidly as it is. This has also been the experience in much of East Asia – where the relative absence of social security led to falling fertility rates and eventually, rapid ageing.”

- http://atans1.wordpress.com/2014/01/...ing-the-point/ (http://atans1.wordpress.com/2014/01/08/welfare-govt-still-missing-the-point/)


Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?172364-Welfare-Govt-still-missing-the-point&goto=newpost).